Whether it's the OTT platform Hotstar or Netflix, the popularity of television has not diminished. But there is bad news for Doordarshan lovers! TV prices may rise from next month. In fact, the ongoing tensions with China have also affected the supply of TV panels, so Abneet Singh Marwah, CEO of Thomson TV, thinks that television can be 5-10% more expensive. In an interview, he said the price of a 32-inch television could increase from Rs 500 to Rs 1,000. The price of a 43-inch television can increase from 5% to 10%.
Abneet said the TV panels are currently imported from China, South Korea, Vietnam and Taiwan. 60-70 percent of the price of a TV is the price of the panel. He thinks that if TV panels are made in this country then the industry will get a lot of help. This will reduce the price of TV. An investment of 10 to 15 thousand crore rupees is required in a factory to make a TV panel. So in such a situation the government needs help to set up a factory to make a TV panel.
The company wants to further strengthen its position in the consumer electronics segment of the country. Abneet said the company would invest Rs 1,000 crore in the next five years under the Prime Minister's 'Make in India' project. They are consistently going to bring premium affordable products. Abneet added that their products are not lagging behind in terms of features and quality. The company, a popular TV maker, has recently launched a washing machine. Currently, there are three types of Thomson brand semi-automatic machines available, the price of which has started from Rs 6,999.
In the current situation, there is nothing new to say about the anger of Indians over Chinese products. Abneet thinks non-Chinese brands will benefit from this event. So they are emphasizing on product quality and technology. Their goal is to deliver advanced options to customers at affordable prices.